Updated almost 2 years ago on . Most recent reply
My first Rental Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $320,000
I was drawn to the idea of investing in a duplex for several compelling reasons: Income Potential: Duplexes offer a unique opportunity to generate dual income streams from a single property. The ability to have two separate rental units means a more steady and substantial cash flow, providing financial stability and security.
Diversification: Investing in a duplex allows for diversification within the real estate market.